RBA’s Lowe: Very hopeful we will not need to cut as far as some central banks in Europe
|The Reserve Bank of Australia (RBA) Governor Lowe is back on the wires now, via Reuters, responding to the Q & A session following his earlier speech.
Key Points:
Economy needs to be on a better path than we're on.
Very hopeful we will not need to cut as far as some central banks in Europe.
Sees some positives for the economy, terms of trade.
Fiscal policy is important as well.
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